A thorough explanation of the features, global ratings, reviews and reputation, advantages and disadvantages of the actual use of overseas virtual currency exchange BTCC.The article explains whether there are any safety issues. BTCC was established in 2011, so you can rest assured that it is a relatively well-known and long-established virtual currency exchange. I will explain this as it is a unique exchange.
BTCC basic information, company profile, and safety
BTCC is a stable virtual currency exchange with a history of over 10 years and a proven track record, established in the UK in 2011. Compared to other exchanges, BTCC is an exchange that specializes in futures trading (derivatives trading) and can have high leverage of up to 150x. This is far superior to other exchanges. We also handle over 200 cryptocurrencies, so you can rest assured. I will introduce the information.
| Exchange | BTCC |
| Establishment | 2011 |
| Location | United Kingdom |
| Commission | 0.01%～0.045％ |
| Max Leverage | 150 |
| Crypto | 200～ |
| URL | Home |
Security settings have been made
BTCC also enables personal security measures such as two-step verification and KYC to manage users’ funds. Measures are taken to prevent the risk of external attacks such as hacking. Additionally, since user funds are managed separately from business funds (separate management), BTCC will not misuse user funds. You can rest assured that we have taken measures to ensure high certification. Wallets are managed offline.
Obtain financial license
BTCC has obtained financial licenses from multiple countries. We have obtained financial licenses from the United States (Financial Crimes Enforcement Network Bureau), Canada (Financial Transactions and Reporting Analysis Center), and Lithuania (Corporate Registration Authority). Although it is not licensed by the Financial Services Agency in Japan or other regions, you can use it at your own risk. Therefore it is not illegal.
Overwhelming management track record
The reality is that many virtual currency exchanges have been in operation for less than 10 years and lack reliability. However, the long-established BTCC has an operating track record of over 10 years. What makes it so appealing is that you can feel very secure in terms of safety. The service is safe as we have never experienced any damage from hacking in the past. The content is rich and has a lot of interesting content. Recently, it is also compatible with apps.
What are the characteristics, advantages and disadvantages of BTCC?
Now, I will introduce the advantages and disadvantages of actually using BTCC. The disadvantage is that it handles a relatively small number of currencies, but it has many advantages. The content is comprehensive and you can invest in different stocks. Please note that virtual currency products are more liquid than stocks and FX, and can fluctuate greatly over time. If you don’t have the knowledge or experience to start, you could end up losing all your money.
Adopts zero cut system
BTCC uses a zero cut system. The zero cut system is a mechanism that returns the account balance to 0 if the account balance becomes negative due to increased losses. Even if you lose more than the margin, you will be compensated, so there is no margin call and there is no risk of incurring debt.
Does not support spot trading
One of the major disadvantages of the industry is that it does not support spot trading or orders. BTCC specializes in derivatives trading. Also, the maximum leverage is 150x, which is quite high leverage. Please note that the higher the leverage ratio, the greater the return, but the greater the loss. It supports transactions starting from small amounts.
About deposit and withdrawal methods
BTCC supports the following deposit and withdrawal methods. If you make a deposit using a credit card, you can purchase virtual currency immediately. When depositing virtual currency, the method is to exchange it at an exchange that handles legal currency and then transfer it to BTCC. The withdrawal method is the opposite. As a trader, you can of course deposit additional amounts.
- Virtual currency deposit
- credit card
Transaction fees are very low
BTCC transaction fees for buying and selling are very low compared to Binance etc. The price range is around 0.01% to 0.045%, making it relatively inexpensive. Since there is no distinction between takers and makers, there is no difference in fees. The larger your transactions with BTCC, the lower the cost of trading your tokens. We have a VIP system.
| dollar trading volume | dollar balance | transaction fees | |
| VIP0 | 0 | 0 | 0.065％ |
| VIP1 | 0 | 200 | 0.06％ |
| VIP2 | 3,000 | 500 | 0.0575％ |
| VIP3 | 20,000 | 2,000 | 0.055％ |
| VIP4 | 200,000 | 10,000 | 0.05％ |
| VIP5 | 2,000,000 | 50,000 | 0.045％ |
| VIP6 | 4,000,000 | 100,000 | 0.04％ |
| VIP7 | 10,000,000 | 200,000 | 0.035％ |
| VIP8 | 20,000,000 | 500,000 | 0.0325％ |
| VIP9 | 50,000,000 | 1,000,000 | 0.03％ |
Wide variety of transaction formats
BTCC does not allow spot trading, but futures trading and copy trading are possible. Another advantage is that you can use demo trading. Demo trading allows you to practice as much as you want without losing any money. Chart analysis and high leverage trading verification using actual trading tools are also possible. Virtual currencies are provided corresponding to the following major currency pairs and stocks such as Ethereum.
- BTC
- ETH
- XRP
- USDT
- DOGE
- ADA
- BNB
24/7 support
Users can contact business customers at any time via online chat or email. If you have any concerns, concerns, or questions, you can ask them at any time. At first, the AI bot will automatically answer your questions, but if they are not resolved, an operator can take action. It is easy to use and you can make inquiries by clicking the icon at the bottom right of the screen.
Source : https://www.btcc.com/
Many campaigns and bonuses
BTCC holds the following bonuses and campaigns. There are often discounts and limited-time campaigns, so be sure to check back from time to time. There are many benefits such as campaigns, and if you use the bonus and make a profit, you can withdraw it completely. You can also participate using the app.
- Open a new account & deposit up to 3,500 USDT
- Up to 530 USDT per friend referral
- 10 USDT for account verification on official LINE
- Up to 1BTC on daily lottery wins
What is the evaluation of BTCC? user review
So, to see what kind of evaluations are made by actual users of BTCC, we have compiled a list of some good and bad things from X (Twitter). There are more coins than domestic exchanges, so it’s a good deal to get started. Another point is that the latest smartphone apps (Android/iOS) can be downloaded and are compatible with various functions, which is very convenient.
You can open an account for free
BTCC allows you to open an account for free. Click the button below to access the official website and proceed with account registration. An email or mobile phone number is required for the contract. Once you have set your password and verified the verification code on the screen, you can log in and start trading. You can also trade Bitcoin etc. even if it is recommended. Also make sure to use two-factor authentication with Google.
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